Dormant 2013 Bitcoin Whale Moves 500 BTC Worth Over $40M After 12 Years

A long-dormant Bitcoin whale wallet suddenly became active after more than 12 years. Transferring 500 BTC worth over $40 million to a new address.
The wallet was originally created in November 2013, when Bitcoin traded below $1,000, turning an initial holding worth roughly $460,000 into a massive fortune today. The transfer is part of a broader trend in 2026 where early Bitcoin wallets from 2012–2017 have started moving dormant coins again. On-chain data shows nearly 900 BTC from 11 inactive wallets were transferred within a single day. Drawing increased attention from traders monitoring potential whale activity.
Although the funds have not been sent directly to exchanges. Large whale movements often spark speculation about possible selling pressure or portfolio restructuring. These reactivations also highlight the enormous long-term gains generated by early Bitcoin adoption. Reinforcing the growing influence of dormant supply on market sentiment.
Clever Robot News Desk 11th May 2026



